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This property looks like a bad Mid-Term investment with a projected -3.05% first-year return on $113k initial cash invested.
-3.05%
Cash On Cash
5.53%
Cap Rate
0.94
DSCR
$3,696
Rent
-$286
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,696 income − $3,982 expenses = $286 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,696
Total Expenses
$3,982
Mortgage P&I
60%
$2,213
Property Taxes
10%
$353
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407